Search for: "CIT Loan Corporation" Results 1 - 20 of 25
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17 Dec 2009, 12:24 am by Randall Reese
The companies' revenues are expected to fall significantly from 2008 results ($78 million in 2009 vs. $100 million in 2008) due to the state of the construction industry.The reduction in the companies' performance triggered covenant defaults under Jones Stephens' loan agreement with CIT Lending Services Corporation (as administrative agent) pursuant to which lenders extended Jones Stephens a $10 million revolving line and a $67 million term loan… [read post]
30 Dec 2009, 8:42 am by Meaghan Olson
CIT Group: $71 billion November 2009 The story: CIT Group is one of the largest commercial lenders in the country, specializing in loans to small and mid-size businesses. [read post]
3 May 2022, 1:55 am by Kevin Kaufman
Preferential Chinese Corporate Tax Rates Business Type, Location, or Activity Rate Qualified new/high-tech enterprises 15% Encouraged designated key software enterprises and encouraged designated integrated circuits design enterprises 10% Qualified technology-advanced service enterprises 15% Qualified small and thin-profit enterprises 2.5-5% Qualified pollution prevention and control enterprises 15% Encouraged enterprises in the Western regions 15% Enterprises established in the Qianhai… [read post]
15 Mar 2012, 1:33 am by Kevin LaCroix
The plaintiffs alleged that CIT's public financial statements failed to account for tens of millions of dollars in loans to Silver State Helicopter, which loans were highly unlikely to be repaid and should have been written off. [read post]
27 Jul 2008, 5:59 pm
For example, both Sallie Mae (refer here) and The First Marblehead Corporation (refer here) previously have been sued in securities lawsuits arising from troubled student loans. [read post]
1 Apr 2021, 6:59 am by Kevin Kaufman
(b) Massachusetts uses rolling conformity for its corporate income tax and pre-CARES Act static conformity for its individual income tax. [read post]
13 Jan 2023, 2:44 pm by Law Lady
., Appellee. 3rd District.Contracts -- Breach of contract -- Corporations -- Successor liability -- Alter ego -- No error in allowing plaintiff to file supplemental complaint to implead defendant corporation as alter ego and successor entity of separate corporation against which plaintiff had obtained money judgment -- Evidence supported three of the four exceptions to corporate law rule that the liability of a predecessor corporation is not imposed upon… [read post]
13 Jul 2010, 2:32 am by Kevin LaCroix
The defendants include the company itself and related corporate entities, as well 28 current or former Citigroup directors and officers and nearly eighty investment banks that served as offering underwriters in the bond offerings. [read post]
3 Apr 2007, 7:17 am
  Once a highflier in the booming market for making risky mortgage loans, the New Century Financial Corporation filed for bankruptcy court protection today. [read post]
19 Jul 2023, 9:05 pm by renholding
The law would mesh with corporate climate disclosure regulations elsewhere, particularly in Europe, and would therefore represent a significant step toward assuring the accuracy, trustworthiness, and transparency of corporate climate performance reporting. [read post]
15 Oct 2012, 5:14 am
In case of the SEBI (Venture Capital Funds) Regulations, 1996, the options of organising a fund as a company, trust or a body corporate were available. [read post]
22 Sep 2011, 4:25 am by Dianne Saxe
  The corporate structure of prior ownership of the Site is complex. [read post]
22 Jan 2010, 6:00 am by Lucas A. Ferrara, Esq.
They will have less capital available to lend and the loans they do make would be subject to this tax. [read post]
18 Jan 2012, 2:53 pm by Dr. Elliot J. Feldman
Commitments of funds, whether through grants or loans or loan guarantees or tax breaks, are made through public policy choices. [read post]
18 Jan 2012, 2:53 pm by Dr. Elliot J. Feldman
Commitments of funds, whether through grants or loans or loan guarantees or tax breaks, are made through public policy choices. [read post]